Truly a must see penthouse condo on the top of the Ritz Carlton Hotel occupying an impressive 70% of the 18th floor. Enjoy breathtaking panoramic views of the picturesque Sarasota Bay. From the moment you step inside, you'll be greeted by awe-inspiring vistas that stretch from the vibrant Marina Jacks to the majestic John Ringing Bridge. This luxurious residence offers an expansive living space spanning nearly 5, 000 under air, designed to indulge you every desires. This exquisite condo boasts three spacious bedrooms and three and a half baths, offering ample room for relaxation and privacy. The thoughtfully designed layout features an elegant executive office, a chefs dream kitchen equipped with it's own pizza oven and wine refrigerator. The penthouse offers a convenient west wing dedicated to the master quarters ensuring maximum comfort and seclusion. The east wing is reserved for the remaining bedrooms, providing an ideal space for family members or guests. Impeccable attention to detail is evident throughout the residences with high-end finishes and luxurious touches gracing every room. The expansive window capture natural light, enhancing the open and airy ambiance. From the living spaces to the bedrooms, the remarkable views of Sarasota Bay serve as a constant reminder of the coastal paradise that surrounds you. In addition to the exceptional interior, residents of this remarkable condo will have access to a host of world class amenities. Take advantage of the buildings state of the art fitness center, sparkling pool, and inviting communal areas. Indulge in the ultimate in luxury living and enjoy the convenience of a prime location, with vibrant dining, shopping, and entertainment options all at your finger tips.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,100,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,280,000 | $3,280,000 | $3,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $3,553 | $3,553 | $3,553 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,274 | $21,274 | $29,025 |
Total Monthly Payment | $24,952 | $24,952 | $32,703 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.